For Sale
$1,100,000

316 Ocean House Rd Cape Elizabeth, ME 04107

Prime Cape Elizabeth Mixed-Use Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 0.88-acre commercial development lot, located at 316 Ocean House Road in Cape Elizabeth, Maine (zip code 04107), presents a unique investment opportunity. Previously approved for a 15,000 square foot mixed-use building, this property offers significant potential for a variety of commercial ventures. The approved plans encompass retail, office, and residential spaces, catering to a diverse range of businesses and residents. Situated in the heart of Cape Elizabeth, this lot boasts an enviable town center location with high visibility and accessibility. With 215 feet of road frontage on Ocean House Road, the property ensures excellent exposure for any development. The asking price for this remarkable opportunity is $1,100,000. The property's prime location and pre-approved plans significantly reduce development hurdles, making it an attractive investment for developers seeking a quick path to market. This is a rare chance to acquire a substantial commercial lot in a thriving Maine coastal community. Don't miss this chance to capitalize on the potential of this exceptional property. All information is deemed reliable but not guaranteed.

Highlights

  • Prime downtown location.
  • Approved plans for 15,000 square foot building.
  • 215 feet of street frontage.

Property Details for 316 Ocean House Rd

Property type
Mixed-use properties, Land
Square Feet
15,000 SF
Lot Size (sq. ft)
38,333 SF

Location Insight

City
Cape Elizabeth
County
Cumberland
State
Maine
Latitude
43.595643
Longitude
-70.227221

FAQs

What type of property is this?
Mixed-use property - Prime Cape Elizabeth Mixed-Use Opportunity
Where is the mixed-use property located?
The property is located at 316 Ocean House Rd Cape Elizabeth, ME.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Prime downtown location.; Approved plans for 15,000 square foot building.; 215 feet of street frontage.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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316 Ocean House Rd
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